The Simple MBA Manifesto: Do We Really Need MBAs?
by Pramit Singh
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A simple guide to the Simple MBA manifesto. Do we really need MBAs? This presentations looks at what's wrong with MBA education presents several alternatives. ...
A simple guide to the Simple MBA manifesto. Do we really need MBAs? This presentations looks at what's wrong with MBA education presents several alternatives.
From the creators of The Success Manual http://thesuccessmanual.bighow.com
P.S. Friends, this is just an opinion. Do not take it personally.
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Kyron Baxter
All my arguments below are assuming that the facts you have quoted are true. But i have a problem with you extrapolating those facts to the conclusion you are trying to arrive which seems to be logically inconsistent.
I m pointing here only the glaring inconsistencies that I observed
1) How can a test that suggests that 56% of the students pursuing MBA cheat have the slightest possible relevance here. It defines the moral compass of the people in the sample set and unfortunately they seem to be pursuing an MBA. Maybe if you could have quoted a test that studies the same sample set, before enrolling in an MBA program and after that, your argument would have been agreeable. So stop quoting half baked tests with utmost irrelevance.
2) When you talk about MBA's not starting a 'path breaking company'- assuming that your argument is true- the role of an MBA graduate per se, is not to start a new company. It is to manage the responsibilities given to him/her effectively. So next time, when someone finds a permanent cure to AIDS, please dont start clamoring that an MBA did not do it and so we dont need MBA's.
3) US CEO's were paid 113 times more than an average worker. ROFL, you seriously got to be kidding me. I agree they are being overpaid, but what does this even have to do with MBAs? Did you even think to check how many of them had an MBA. So considering that people without MBA are also there in the list, it must be easy to conclude that it is not for the MBA that they are being overpaid but for the role they are taking up .
4) Talking of scandals, please do check this link (http://en.wikipedia.org/wiki/List_of_corporate_scandals) and see for yourself how many MBA's have been singularly responsible for the scandals and those without MBA's being responsible. You would find that MBA graduates form a small minority of them. So, if I have to follow your logic (if there was something like that in the first place), we need to have more MBA's leading the organizations and not the other way round.
5) Funny that you should quote an MBA himself (Guy Kawasaki), after saying that MBA's to be cheats and liars and he talks about the overpaid ones only and all MBA's which you conveniently chose to ignore.
The above arguments pertain only to the facts above and not your opinions (as you are entitled to yours). 1 year ago
If your goal was actually to engage in the question of MBA value, you would have put more effort into defending your views and not simply dismissed dissenting views as 'mean.' I thought the comments here were quite respectful.
One thing you could do to improve the accuracy of your presentation is to include links to sources, so that we could understand which of your statements had sources, and which were your original statements (not necessarily wrong, just that they were yours). I think you are conflating 'business people' with MBAs in many of your assertions. For example, on slide 7 where you indirectly accuse MBAs of the sub-prime mess:
- Citigroup was run by Chuck Prince, a lawyer
- Bank of America was run by Ken Lewis, a career BofA employee who had a bachelors in finance and took executive courses at Standford, but did not have an MBA
- AIG was run by Hank Greenberg, a lawyer, from 1968-2005. Since then he has been succeeded by Martin Sullivan (2005-2008), Robert Willumstad (mid 2008), Edward M. Liddy (2008-2009), and Robert Benmosche since. Only Liddy had an MBA, and he was brought in by the government after AIG had already required the bailout.
I could go on, but the point is clear. I hope you won't think that I've been mean to disagree with you or request that you do fact checking. 2 years ago
http://bighow.com/news/the-bible-of-business-writing-how-to-write-memos-letters-emails-press-releases-business-reports-newsletters-articles-and-tip-sheets
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The Manager's Bible: 100+ Things That Every Manager Should Know
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http://bighow.com/news/the-success-manual-do-we-need-mbas
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http://bighow.com/news/30-best-quotes-and-advice-for-ceos-and-managers-the-success-manual
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http://bighow.com/news/9-major-management-concepts-the-success-manual 3 years ago
If fact, most MBA programs recognise this explicitly in 2 ways - they require a minumum number of years management and work experience before admission to the program, and in the case of individuals who have accumulated sufficient experience, they will waive the under-graduate degree requirement.
Pramit, the reason you have touched a nerve is that most people who have earned an MBA have invested an incredible amount of time, energy and often money in their education, and often at the expense of time with friends and loved ones. To have someone like yourself admit that they know little about what actually goes into an MBA and then call MBA graduates cheats and frauds is more than a little provocative. 3 years ago
I edited my first business book 10 years ago, in 2000.
I have managed teams of 30-40 people, across various specializations.
I have worked with many MBAs. I am friends with many MBAs. Do not take it personally.
I created this simple, crude presentation as sort of a Visual Essay. I am amazed this simple document can evoke strong emotions in some people.
I created this presentation to generate interest in a guide The Success Manual, which contains concise summaries from 100+ great business books. It costs just $14.95.
If you disagree with this presentation, I am glad for you. I hope people look at Business Education as a life-long activity.
If you disagree, create a presentation. Make your case. I have made mine.
That is much better than posting mean comments here. That clogs my Inbox and in most cases wastes both of out time. I do not have the time to post rejoinders to every mean comment I get. And I am afraid it often gets the worst out me.
As the saying goes, 'It is nothing personal, it is just business.' :-)
Peace. 3 years ago